$2,325,000
Rochester, MN 55902
MLS# 6343960
Status: Closed
1 / 16
Property Description
In SW Rochester sits this great investment property for future land development. Bordering the Hart Farms subdivision to the west lies a good 150 acre farm with city streets boarding the property for future land development. The property currently is being farmed and offers 135.89 +/- acres tillable. There is good access to this farm off of 40th Street SW / County Road 117 SW a hard surface road. Property can be split up into 5 Acre and 35 acre parcel for building sites or held for future land development down the road.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2024-04-24
Contingency: None
Current Price: $2,325,000
Closed Date: 2024-08-16
Original List Price: 3200000
Sales Close Price: 2325000
ListPrice: 3200000
List Date: 2023-03-17
Office/Member Info
Association: SEMR
MLSID: RMLS
General Property Information
Comp Sale YN: No
Development: No
Drainage: Good
Lot Measurement: Acres
Multiple PIDs?: Yes
Plat Recorded: No
Yearly/Seasonal: Yearly
Zoning: Agriculture
Lot Dimensions: 2230x2625x2625x1540x400x1066
Acres: 150
Association Fee: 0
Location, Tax and Other Information
AssocFeeYN: No
Elementary School: Bamber Valley
High School: Mayo
Listing City: Rochester
Map Page: 999
Middle School: Willow Creek
Municipality: Rochester Twp
Rental License?: No
School District: Rochester
School District Phone: 507-328-3000
Zip Plus 4: 9526
Property ID Number: 642144041902
Tax Year: 2022
Tax Amount: 8108
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: In SW Rochester sits this great investment property for future land development. Bordering the Hart Farms subdivision to the west lies a good 150 acre farm with city streets boarding the property for future land development. The property currently is being farmed and offers 135.89 +/- acres tillable. There is good access to this farm off of 40th Street SW / County Road 117 SW a hard surface road. Property can be split up into 5 Acre and 35 acre parcel for building sites or held for future land development down the road.
Directions: From Hwy 63; go West up 40th Street SW. Property will be just past Hart Farms Subdivision on North side of road.
Acreage Information
Taxable Acres: 150
Tillable Acres: 135.89
Wooded Acres: 14
Additional Parcels Information
Property ID #2: 642142050324
Assessments
Assessment Balance: 0
Tax With Assessments: 8108
Builder Information
Builder Restrictions: Open
Crop Type
Beans: 1
Corn: 1
Development Status
Raw Land: 1
Farm Type
Crop: 1
Financing Terms
Cash: 1
Insurance Fee
Insurance Fee: 0
Lease Details
Land Leased: Not Applicable
Lock Box Type
None: 1
Lot Description
Tillable: 1
Tree Coverage - Light: 1
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 14
Section#: 21
Township#: 106
Restriction/Covenants
None: 1
Road Frontage
County Road: 1
Sale Options
Sell Entirely: 1
Soil Type
Loam: 1
Topography
Gently Rolling: 1
Available Utilities
None Connected: 1
Improvements
None: 1
Land Inclusions
None: 1
Property SubType
Agricultural Land: 1
Development: 1
Location Tax and Other Information
House Number: TBD
Street Name: 40th
Street Suffix: Street
Street Direction Suffix: SW
Postal City: Rochester
County: Olmsted
State: MN
Zip Code: 55902
Property Features
Available Utilities: None Connected
Crop Type: Beans; Corn
Development Status: Raw Land
Farm Type: Crop
Financing Terms: Cash
Improvements: None
Land Inclusions: None
Lock Box Type: None
Lot Description: Tillable; Tree Coverage - Light
Property SubType: Agricultural Land; Development
Road Frontage: County Road
Sale Options: Sell Entirely
Soil Type: Loam
Topography: Gently Rolling
Listing Office: Tony Montgomery Realty & Auction
Last Updated: June - 03 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.